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    Traverse City, MI
    Shopping Center

    Traverse City, MI Shopping Centers for Sale

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    Four-Tenant NNN Commercial Property
    Updated: Aug 24
    Four-Tenant NNN Commercial Property

    2751 N US-31 S, Traverse City, MI 49684

    $2,390,000
    13,550 sqft 1.28 AC lot
    13,550‑square‑foot commercial property on 1.28 acres
    Fully occupied by four tenants
    True triple‑net leases with annual rent increases
    Located on US‑31 in Garfield Township
    Adjacent to Red Lobster and across from Chick‑fil‑A
    View details
    NNN Multi-Tenant Commercial Property
    Updated: Jul 21
    NNN Multi-Tenant Commercial Property

    Traverse City, MI 49684

    $2,390,000
    13,550 sqft
    13,550‑square‑foot commercial property built in 1954
    Fully occupied by four tenants
    True triple‑net (NNN) lease structure
    Leases include newer or recently renewed terms
    Annual rent increases included in the leases
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Traverse City, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    White Lake Plaza Shopping Center
    White Lake Plaza Shopping Center

    1006 E Colby St, Whitehall, MI 49461

    $649,900
    16,541 sqft

    Multi-suite retail center with showroom areas, loading docks, basement storage, elevator, and paved customer parking.

    View details
    Shopping Center with Loading Docks
    Shopping Center with Loading Docks

    1006 E Colby Street, Whitehall, MI 49461

    $649,900
    16,541 sqft 1.50 AC lot

    Four suites combine customer-facing areas with offices, bathrooms, loading access, and on-site parking.

    View details
    Remodeled Big-Box Retail Space
    Remodeled Big-Box Retail Space

    1550 N Mitchell Street, Cadillac, MI 49601

    Contact for pricing
    23,000 sqft

    A substantial mall-based retail suite has been updated for occupancy by a large-format store.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    2100 North Mitchell Street, Cadillac, MI 49601

    $500,000
    44,100 sqft

    Retail center with multiple access points, pylon signage, on-site parking, and a varied roster of national, regional, and local tenants.

    View details

    Off-Market Properties in Traverse City, MI

    Consider similar Off-Market properties in Traverse City, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3423 Cass Rd
    REGIONAL SHOPPING CENTER, MALL

    3423 Cass Rd, Traverse City, MI 49684-8842

    Estimated value:
    $290,000
    2,968 sqft 0.79 AC lot
    View details
    221 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    221 Frnt St, Traverse City, MI 49684-2525

    Estimated value:
    $325,000
    2,856 sqft 0.12 AC lot
    View details
    3675 Us Hwy 31st S
    MINI-MALL

    3675 Us Hwy 31st S, Traverse City, MI 49684-5600

    Estimated value:
    $595,000
    8,900 sqft 1.02 AC lot
    View details
    417 Un St
    REGIONAL SHOPPING CENTER, MALL

    417 Un St, Traverse City, MI 49684-2536

    Estimated value:
    $225,000
    2,646 sqft 0.09 AC lot
    View details
    111 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    111 Frnt St, Traverse City, MI 49684-2508

    Estimated value: by Request
    5,444 sqft 0.14 AC lot
    View details
    836 Hastings St
    REGIONAL SHOPPING CENTER, MALL

    836 Hastings St, Traverse City, MI 49686-3441

    Estimated value:
    $280,000
    1,473 sqft 0.38 AC lot
    View details
    1396 Ws Airport Rd
    REGIONAL SHOPPING CENTER, MALL

    1396 Ws Airport Rd, Traverse City, MI 49686-4771

    Estimated value:
    $325,000
    4,984 sqft 0.49 AC lot
    View details
    219 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    219 Frnt St, Traverse City, MI 49684-5737

    Estimated value:
    $280,000
    4,182 sqft 0.07 AC lot
    View details
    143 Frnt St
    REGIONAL SHOPPING CENTER, MALL

    143 Frnt St, Traverse City, MI 49684-2508

    Estimated value:
    $525,000
    2,070 sqft 0.07 AC lot
    View details
    405 Un St
    REGIONAL SHOPPING CENTER, MALL

    405 Un St, Traverse City, MI 49684-2536

    Estimated value:
    $270,000
    935 sqft 0.08 AC lot
    View details
    502 8th St
    REGIONAL SHOPPING CENTER, MALL

    502 8th St, Traverse City, MI 49686-2629

    Estimated value: by Request
    2,680 sqft 0.09 AC lot
    View details
    1288 South Airport Rd
    Neighborhood centers

    1288 South Airport Rd, Traverse City, MI 49686

    Estimated value: by Request
    7,047 sqft
    View details
    2016 South Airport Rd
    Lifestyle centers

    2016 South Airport Rd, Traverse City, MI 49684

    Estimated value: by Request
    14,777 sqft 1.58 AC lot
    View details
    3375 South Airport Rd
    Neighborhood centers

    3375 South Airport Rd, Traverse City, MI 49684

    Estimated value: by Request
    5,903 sqft
    View details
    1990 Us-31
    Lifestyle centers

    1990 Us-31, Traverse City, MI 49686

    Estimated value: by Request
    1,173 sqft
    View details
    1109 Woodmere Ave
    REGIONAL SHOPPING CENTER, MALL

    1109 Woodmere Ave, Traverse City, MI 49686-4248

    Estimated value:
    $480,000
    19,468 sqft 0.88 AC lot
    View details
    515 Wellington St
    REGIONAL SHOPPING CENTER, MALL

    515 Wellington St, Traverse City, MI 49686-2660

    Estimated value:
    $225,000
    3,526 sqft 0.11 AC lot
    View details
    709 Wadsworth St
    REGIONAL SHOPPING CENTER, MALL

    709 Wadsworth St, Traverse City, MI 49684-3170

    Estimated value:
    $210,000
    1,587 sqft 0.06 AC lot
    View details
    4013 Vance Rd
    REGIONAL SHOPPING CENTER, MALL

    4013 Vance Rd, Traverse City, MI 49685-9314

    Estimated value:
    $335,000
    1,920 sqft 3.37 AC lot
    View details
    476 Us Hwy 31st S
    SHOPPING CENTER, STRIP CENTER

    476 Us Hwy 31st S, Traverse City, MI 49685-8017

    Estimated value:
    $380,000
    3,963 sqft 1.72 AC lot
    View details
    2155 Us Hwy 31st N
    REGIONAL SHOPPING CENTER, MALL

    2155 Us Hwy 31st N, Traverse City, MI 49686-3751

    Estimated value:
    $2,375,000
    7,722 sqft 0.96 AC lot
    View details
    4290 Us Hwy 31st N
    REGIONAL SHOPPING CENTER, MALL

    4290 Us Hwy 31st N, Traverse City, MI 49686-3761

    Estimated value: by Request
    7,882 sqft 1.50 AC lot
    View details

    Traverse City, MI Shopping Centers Market Trends and Statistics

    Explore 72 shopping centers for sale in Traverse City, MI on our real estate platform. These investment opportunities span a total of 27,100 square feet of properties for sale, with an estimated market value of $4,780,000.

    Sale prices for plazas in Traverse City, MI average $2,390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 25
    Automotive properties 11
    Auto shops 7
    Showrooms 7
    Shopping centers 6

    Demographics Overview

    Population 78K
    Population Growth (5Y) -35.5%
    Median Household Income $78,889
    College Educated 59.4%

    High-Yield Neighborhoods for Investment

    Identify Traverse City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49684 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 4.34%
    Property Tax per SF $71.64 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grand Traverse County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Traverse City fall within the 2,500 to 5,000 square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Traverse City, MI

    • 49684

    Featured Traverse City Real Estate Agencies

    Realmo connects you with licensed Traverse City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Re/max Bayshore Properties
    500 South Union St. Traverse City, MI 49684
    Phone: 12319415600
    Keller Williams Northern Michigan
    830 E. Front Street, Suite 110 Traverse City, MI
    Phone: 12319478200
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